While most of the trading industry is reporting a slowdown for April, Exness has released its trading metrics for last month with some impressive numbers. Though there was a pullback from the record achieved in March 2021, reported trading volume for April remained the second-best in the platform.
According to the retail forex and CFDs broker, the total trading volume for the month came in at $841 billion, down by 9.6 percent from the previous month’s numbers. Exness reported a record volume of $930.6 billion in March, which is even higher than March 2020’s figures by 18.5 percent.
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Though the trading activities on the broker contracted last month, it’s still higher by almost 75 percent when compared to the same month a year before. But the monthly dip in April broke the continuous gain in its monthly trading volume since last May.
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Exness operates across the globe with multiple regulatory licenses. Apart from its presence in Europe, the broker is also making the emerging Southeast Asian markets one of its strongholds. It largely operates with its license from the Seychelles regulator outside Europe and also gained another license in South Africa earlier this year.
Further, the broker added 7,460 new traders last month, taking the total number of its clients to 195,069 by the end of the month.
Meanwhile, Exness continued its efforts to strengthen its leadership. Last month, Finance Magnates reported on the appointment of Shlomi Dubish as the broker’s External Communications Head. His appointment followed the hiring of Nabil Mattar as its new Head of Premier Account Management Operations and the promotion of Artem Seledtsov as its new Markets Business Director.
